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automatic tax increases and mandatory severe budget cuts know as sequestration go into effect and if that happens many economists are predicting that we could head into another recession. for advice on how the president and congress can avoid going over the fiscal cliff and hopefully can all just get along, for that we turn to washington and norm ornstein. norm is a resident scholar and coauthor of "it's even worse than it looks." welcome back inside "the war room," norm. >> it's always great to be with you, jennifer. go tigers. >> i love having you on. it's so great. so without scaring people tell us what happens come january 1st if no budget deal is reached. >> we get a perfect storm. people often think about the sequesters which is cuts in spending that congress basically hatch together to -- in the aftermath of the debt-limit crisis -- >> jennifer: to prevent this very thing from happening. >> yes, but as we approach the vice presidential debate paul ryan viewed it as a great triumph. but the fiscal cliff is more than that, it is the expiration of
are not called? well, it is a win for everybody. ♪ i'm born (vo) cenk uygur is many things. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >>> not a single thing he said is accurate. first of all -- >> be specific. >> i will be very specific. this lecture on embassy security. the congressman here cut embassy security in his budget by $300 million below what we asked for number 1. >> jennifer: congressman ryan could not have been to happy about challenging him on that. congressman ryan voted to authorize $300 million less for embassy security than requested by the obama administration. that's just one of the many misleading statements about foreign policy that emerged from congressman ryan last night. here to help up dissect the truth, former secretary of defense, lawrence corb. so great to have you back. >> nice to be with you. >> ms. cutt
spoke to the middle class on taxes on jobs, on a handful of issues. >> jennifer: let's take a listen to a sound bite. >> it was sort of almost unprecedented. >> i don't believe that i have ever seen a debate in which one participant was as disrespectable. >> you notice they didn't have anything -- on substance -- they had to go into how he looked. maybe he is a little aggressive. >> jennifer: and what does that tell you? >> that they don't have much to work with. >> jennifer: exactly. >> they are like duck and cover when it comes to the issues. you could hear it on taxes. he didn't have an answer. >> jennifer: exactly right. i loved the moment -- it was not good for america -- >> yeah, he was caught like a deer in the headlights. >> jennifer: and him saying that all of these studies -- i'm going to talk about that a little bit later but that all of these studies show it's not doable. >> as bill clinton would say it's junk arithmetic. >> jennifer: it is. let's talk about -- of course martha raddatz raises the issue about choice and their catholic faith. were you surp
there will be tax cuts. >> those are your words not mine. >> thank you very much sir. >> yeah. >> that was kind of strange, put words in people's mouths. >> jennifer: to put this in context, he is being asked in flint, michigan which has a huge crime problem and has been under a emergency financial manager, so a reporter asks are tax cuts basically going to resolve the crime issues? paul ryan did not want to be asked that question. he does not want to be put on the spot. so that's maybe just one window on what his response will be when he is pressed. >> you can't be a global leader and be a successful one with thin skin. leadership means not taking it personally, but dealing with the real issues. the question that reporting asked was about the quality of people's lives right there in flint, michigan, and the vice presidential wanna be was willing to address that. and when people show that side of themselves their leadership potential gets smaller and smaller. >> jennifer: i agree you talked about the difference between these two candidates -- between the two races, really,
from these jobs, you know? the tax dollars that come out of these 170 paychecks. >> jennifer: now mayor, are there easy ways for people like tom to transition into local factories that might be hiring? >> there are few opportunities in freeport but tom is in a unique system. his age and education goes against him, but his passion and legacy of hard work are attributed to him, and there could be opportunities for tom and the rest of the workers. the workers aren't slouches. they don't work on widgets, they work on high-tolerance machinery, they are educated and globally competitive, and they have shown that in the marketplace where there is about a 40% margin on these products already. so you have great people like tom who have some things going against him, but his passion, hard work, and love for the community are one thing that will hopefully help him get through. >> jennifer: mayor the human costs of all of this outsourcing cannot be overstated. i really appreciate you coming on to explain. just a quick postscript by the way to this story. also want to let you
the truth about the tax plan. even the obama campaign admitted it wasn't true. >> jennifer: actually i'm going to ask this one of karl, because the romney campaign isn't telling anybody whether the ad is running. >> i think it's disenginous and ironic that they would release an ad calls lying, and not tell anybody where it is returning. if you want to give 20% tax cuts to every american that is $5 trillion. what is difficult is to get really detailed on romney's plans when they are not laid out specifically. so what you find from the fact checkers is that they are not being completely accurate but they always put in there the disclaimer, but it's difficult because we don't know what romney has said. the president should continue to hammer it home, and he needed to do a better job by articulating where he came up with the $5 trillion mark. >> jennifer: i agree. he needs to be specific about what he could do. and michelle, the super pac supporting the president, they have a new ad going after how mitt romney is going to pay for the tax cuts for the wealthy. >> take
really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! obama has a dream. that the cities colonialism be set right, and america be downsized. >> it has been a long time coming, but tonight because of what we did on this day, on this election, at this defining moment change has become to america. >> jennifer: well that's a clip from "2018: obama's america." it's actually produced by dinesh d'souza. it's a documentary that examines president obama's early years for his alleged anti-capitalist beliefs. it has already earned nearly $33 million, which makes it the second-highest grossing documentary in history, behind michael moore's fahrenheit 9/11. a new tv movie is set to air on the national geographic channel just two days before the election. coming to us tonight from los angeles to discuss is alonso duralde. alonzo is author and film critic
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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